Washington

The SEC announced the settlement with former UBS broker Chris Rosenthal, the biggest yet from its ongoing flipping investigation.

Although the Federal Reserve projects two rate hikes in 2019, Federal Reserve Bank of New York President John Williams stressed that those are based on expectations of economic conditions and are not a commitment.

The anticipated Series 54 Test outline was released Thursday afternoon and municipal advisors can now start prepping.

Funding levels for grant programs won't be set until next year.

The Federal Open Market Committee cut its projection for next year to two rate increases from three.

Monetary policy may need to become restrictive at some point, but the Summary of Economic Projections is “not a signal” that it will, Federal Reserve Board Chair Jerome Powell said Wednesday.

A new year will mean new advertising rules and testing requirements for municipal advisors.

The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.

The tax fix is being lost in the rush by Congress to enact a temporary spending measure to keep the government operating through Feb. 8.

A lone large deal came into an even stronger municipal bond market, as all eyes are on the Federal Open Market Committee.